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Dick Smith will shut all doors by April 30

Author
Newstalk ZB staff ,
Publish Date
Wed, 30 Mar 2016, 7:43pm
(Getty Images)
(Getty Images)

Dick Smith will shut all doors by April 30

Author
Newstalk ZB staff ,
Publish Date
Wed, 30 Mar 2016, 7:43pm

The final death knell has been sounded today for the Dick Smith chain.

Receivers have given closure dates to 35 of the company's 363 stores, and say they expect they'll all be shutting their doors by April 30th.

Dick Smith has been in receivership since January, with debts of over 400 million dollars.

Workers who are made redundant in the shutdown will be paid a maximum of 22,160 dollars.

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